China: Shanghai shares up 0.55% in morning trade
August 14, 2015
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China: Shanghai shares up 0.55% in morning trade

The move has prompted falls across Asian stockmarkets, with the Shanghai Composite index down 1.06…

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China, in Freefall, Devalues Its Currency the Yuan Again
August 14, 2015
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China, in Freefall, Devalues Its Currency the Yuan Again

The daily reference rate was set at 6.3975 yuan to $1.0, up from 6.4010 the…

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Chinese Yuan Stabilizes But Markets Potentially Volatile Amid Explosion in Tianjin
August 14, 2015
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Chinese Yuan Stabilizes But Markets Potentially Volatile Amid Explosion in Tianjin

The daily reference rate was set at 6.3975 yuan to $1.0, up from 6.4010 the…

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China raises value of yuan vs dollar by 0.05%: market
August 14, 2015
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China raises value of yuan vs dollar by 0.05%: market

China’s currency fell further Wednesday, keeping global investors on edge. But the rest of the…

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Gold Rising From 5-year Lows As Fed Seen Delaying Rate Hike
August 14, 2015
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Business

Gold Rising From 5-year Lows As Fed Seen Delaying Rate Hike

Gold futures on the COMEX division of the New York Mercantile Exchange rose on a…

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China rules out further yuan devaluation
August 14, 2015
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Business

China rules out further yuan devaluation

After devaluing the yuan for a third day, the People’s Bank of China (PBOC) called…

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World stocks rebound as China soothes yuan weakness fears
August 14, 2015
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World stocks rebound as China soothes yuan weakness fears

MARKET & ECONOMICSAsia report: stocks recover as yuan continues to devalue
August 14, 2015
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Business

MARKET & ECONOMICSAsia report: stocks recover as yuan continues to devalue

The People’s Bank of China fixed the yuan at 6.3975 per dollar, slightly down on…

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Fed’s Fischer suggests September rate hike not a done deal
August 13, 2015
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Business

Fed’s Fischer suggests September rate hike not a done deal

On Friday, we learned from the Bureau of Labor Statistics that US companies added a…

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More layoffs, defaults expected as oil slides in August
August 13, 2015
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Business

More layoffs, defaults expected as oil slides in August

Oil prices remain near multi-month lows due to continuing oversupply concerns despite a larger drawdown…

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